DUBLIN--(BUSINESS WIRE)--The "Global
Toluene Market - Market share and Industry Forecast to 2024"
report has been added to ResearchAndMarkets.com's
Global toluene market is expected to grow at a CAGR of 6.1% during forecast period 2017-2024.
Growing end-user industries of toluene, petrochemical market in emerging
countries, rising building & construction activities, aromatic compounds
extraction from shale oil and expanding agrochemical industries are the
main drivers of global toluene market. Limitation with toluene
resources, discovery of shale gas, environmental impact, health and
safety issues with toluene, stringent government regulations and
fluctuating oil & gas prices are the some of the factors expected to
adversely affect the market.
Geographically, global toluene market is divided into North America, Europe, Asia Pacific and rest of world. North America dominated the market in 2017 in terms of revenue followed by Europe and Asia Pacific. USA dominates North American toluene market followed by Canada.
Favourable regulatory environment, rising demand from automotive
industry, growing building & construction sector, large pool of
manufacturing companies are some of the major factors promoting the
growth of toluene market in North America during forecast period.
Asia Pacific is the fastest growing toluene market during forecast
period 2017-2024. India, China, Japan, Australia, Singapore and Malaysia
are the leading markets for toluene in Asia Pacific.
Other lucrative investment destinations for toluene market include South
Africa, Saudi Arabia, Egypt, UAE, Qatar, Israel, Jordan and Nigeria.
The key players of global toluene market across the world includes China National Petroleum Corporation (China), Exxon Mobil Corporation. (U.S.), Corvestro AG. (Germany), BP Plc (U.K.), Braskem SA (Brazil), Royal Butch Shell Plc. (Netherlands) and others.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Global Toluene Market By Type
5. Global Toluene Market By Application
6. Competitive Landscape
7. Geographic Analysis
8. Company Profiles
- BASF SE
- BP Plc
- Braskem SA
- Chevron Philips Chemical Company Llc
- China National Petroleum Corporation
- Corvestro AG
- Exxon Mobil Corporation
- Formosa Chemical & Fibre Corporation
- GS Caltex Corporation
- Indian Oil Corporation Ltd.
- Mitsubishi Chemical Corporation
- Nova Chemical Corporation
- Royal Dutch Shell Plc
- SK Innovation Co. Ltd.
- The Dow Chemical Company
For more information about this report visit https://www.researchandmarkets.com/research/fkl4fl/global_toluene?w=4